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Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Loucks who wrote (1500)	4/13/1998 7:51:00 PM
From: litc	Read Replies (1) \| Respond to of 2018

BTW, if you look at the today's intraday chart, you can see that there was panic buying in the last 15 - 20 minutes after HUMCF touched $37. It seems that the wave of short-covering has started. And there should be more to come in the next few days. However, we have to get those 2 million hard shorts out! (They did not even flinch when Bird went to $69 last October.) Does any one know the price of licencing a seat? Say $1,000 / seat, then the contract would be worth $45,000,000 + the license for the server. I have read a few analyst reports, and most of them estimate before the news of course that the net contribution from andyne in F98 would be about $2 to $3 million US range.

To: Paul Loucks who wrote (1500)	4/13/1998 7:55:00 PM
From: Martin Goldenberg	Respond to of 2018

Paul writes (I agree): I believe the best is yet to come. I am totally in synch with your thoughts. Totally agree with your post. I think momentum is about to grow. Martin

To: Paul Loucks who wrote (1500)	4/13/1998 8:08:00 PM
From: micromike	Respond to of 2018

I love it when the shorts have to scramble to cover their position. Even though the volume was not that great we still have a week before earning. If I was shorting Hummingbird which I'm not I would be very nervous about todays activity. iqc.com From the graph it would be nice to have a repeat performance we had in Oct.. The way the stock jumped today and with the large position of shorts this could be possible again if EPS are good and it leaks out before the official release date. EPS must be great though for this to happen. Lets hammer the shorts off the shorters tomorrow.:-) JMHO Mike

To: Paul Loucks who wrote (1500)	4/13/1998 8:24:00 PM
From: Bill Arndt	Respond to of 2018

Paul, I agree we may have a long ways to go. With all the bullish news coming out, Hum management is really putting the screws to the shorts who probably don't know if Hum has the earnings to back up these press releases or not.. Maybe they(the shorts) think it's better to be safe than sorry? Could this be part of Hum's short killing strategy? My price target for HUMCF has been 45-50 based on a reasonable valuation of about 20X. My thinking is we would get there in a very short period of time once the market starts taking interest in Hum. Maybe this is it? After the false start last October this could be the real thing. BTW, on the UK deal. I agree this is great, tremendous news, but I wouldn't be surprised if Hum gave them some kind of a good discount (maybe even break even) just to get the exposure. In any event, a good move on management's part. Bill.

To: Paul Loucks who wrote (1500)	4/14/1998 1:23:00 AM
From: Hassan Lakhani	Read Replies (1) \| Respond to of 2018

I agree. I think the Andyne contract with the UK government is huge. HUM regularly beats the earnings forecasts, but we don't see this reflected in the share price. I have thought for a while that the only way we will see a fair valuation for HUM is for the investing public to be convinced that HUM is not a one trick pony. Once that happens, look out. The Andyne contract, combined with the German acquisition shows the skeptics that HUM is serious about diversification, and has the ability to successfully diversify. I will not be selling my shares to the shorts any time soon. Hassan